AAFCPAs Admits O’Reilly as Partner

Janice O’Reilly

Janice O’Reilly

Westborough, Mass.-based AAFCPAs (FY16 net revenue of $26.7 million) admitted Janice O’Reilly as partner in the consulting division and head of the managed accounting solutions (MAS) practice.

O’Reilly has more than 30 years of experience. She started her career in public accounting, as an audit manager at Deloitte, and transitioned to private accounting. She has experience in strategic and financial consulting services to privately-held and public companies in diverse industries, including: software, technical services, digital media and professional services.

O’Reilly will lead and deliver CFO-level consulting solutions, including advice on international expansion, foreign subsidiary establishment, growth strategy, IPO, secondary offerings, mergers and acquisitions, joint ventures, capital raising and investor relationships.

“Janice’s diverse finance and operational management experience makes her a great fit to spearhead our fast-growing MAS practice, and she is perfectly aligned with our culture, mission and core values,” says Matthew Boyle, partner. “She knows how to assess, build and execute the ideal accounting function and her charisma and collaborative approach make her an extremely valuable and exciting addition to our consulting team.”

Barfield Murphy Shank & Smith Acquires Hindsman

Birmingham, Ala.-based Barfield Murphy Shank & Smith (FY16 net revenue of $18.7 million) acquired Hindsman PC of Gadsden, Ala., effective Jan. 1, 2018.

Currently, Hindsman provides a broad range of accounting, tax, audit and advisory services to both businesses and individuals throughout northeast Alabama. These services also include an outsourced bookkeeping practice as well as payroll services. The firm works with clients in a variety of industries such as medical practices, manufacturing and construction.

“For many years, we have witnessed, admired and respected how BMSS has taken care of its people and its clients throughout the state,” says Scott Hindsman. “Their culture and primary mission closely mirror ours. The skill sets of both firms are complementary to one another. It just seemed to make sense to bring the two firms together.”

“This merger is significant for all of us,” says BMSS founding partner Don Murphy. “In Hindsman PC, we found people who, like us, could add real value at every stage of an organization’s life cycle with strengths that complement and extend our own. Beyond that, we feel that they’re a great fit with our people, our culture and our mission of delivering an exceptional client experience.”

CliftonLarsonAllen Acquires NSBN LLP

Minneapolis-based CliftonLarsonAllen (FY16 net revenue of $755.9 million) will acquire NSBN LLP (FY17 net revenue of $18.3 million) of Los Angeles, effective Jan. 1, 2018.

“A personal touch is what this business is all about,” says Ken Miles, NSBN MP. “Our clients trust us to guide significant and, often, personal decisions that affect their futures. CLA shares our belief that, in order to help someone, you have to first know them. That may sound simple, but, in practice, it shifts every interaction you have and uncovers meaningful opportunities to help.”

“My biggest reward is when I am able to give my clients information they didn’t have before,” says Dennis Ayers, NSBN partner. “Expanding our resources allows us to do more for our clients as they advance toward their unique goals.”

“For more than 60 years, clients have trusted NSBN to listen and act in their best interests,” says Larry Taylor, CLA chief practice officer, Southwest region. “We are committed to continue advancing that trust by listening closely to clients, in order to bring forward ideas that contribute to their success.”

Allan Koltin, CEO, Koltin Consulting Group, Inc., who advised both firms on the combination, comments, “NSBN saw the CLA platform as a great way to provide additional value added services to their clients and create a great growth opportunity for their people. NSBN is one of the most respected firms in Los Angeles with a wonderful tradition and culture and that is in large part what attracted CLA to them. CLA’s great leadership, innovation, and commitment to investing in talent, technology, and training have made them one of the firms that everyone wants to emulate.”

SEK&Co. Acquires Flurie Slick & Kinnett

Hagerstown, Md.-based Smith Elliott Kearns & Company (FY16 net revenue of $18.1 million) acquired Flurie Slick & Kinnett also of Hagerstown. Michael Flurie and Jack Slick will join as partners, bring four professionals.

FS&K specializes in accounting and income tax consulting for closely-held businesses and individuals. Both firms have deep roots in the Hagerstown area and the addition strengthens SEK&Co.’s position to provide leadership in tax, audit, accounting and consulting.

“These seasoned accountants bring depth, experience and a culture fit to our already strong team of professionals in Maryland,” says managing member of SEK&Co., John Schnitzer.

Dean Dorton Names New Market Leader

Jim Tencza

Jim Tencza

Lexington, Ky.-based Dean Dorton Allen Ford (FY16 net revenue of $27.3 million) named Jim Tencza as Louisville market leader. In this role, Tencza will direct the strategy and operations of Dean Dorton’s Louisville office. He will succeed Gwen Tilton, who has been with the firm for 35 years.

Tencza has 28 years of experience in public accounting and has experience working with companies including SEC-registered, privately-held and nonprofit entities, as well as private equity funded clients in various industries. Tencza is a member of the board of directors and the assurance executive team and leads Dean Dorton’s internal audit and risk advisory practice.

“Our focus is on sustaining the strong growth and client relationships that we have built in Kentucky and southern Indiana among expanding key industries and providing crucial innovative technological advancements to clients including access to real-time financials,” says David Bundy, president and CEO. “We will continue to listen and respond to the market, with an emphasis on delivering a distinct experience for our clients, our people and the community with Jim providing guidance and assistance in this role.”

“I look forward to building on the legacy of Gwen Tilton who has fostered the strong team oriented culture of Dean Dorton in Louisville. Gwen’s commitment to our people and the broader business community has been unmatched and she has built a strong foundation for us,” says Tencza.

DGC Acquires Sabelli & Company

Woburn, Mass.-based DiCicco Gulman & Company (FY16 net revenue of $23.5 million) has acquired Sabelli & Company of Peabody, Mass.

For 35 years, Sabelli has specialized in small business accounting, tax and part-time CFO services for businesses and their owners. Joining DGC will be Terri Sabelli, Joe Sabelli and their team of six client service professionals.

“As part of our strategy to add services that bring value to our existing and future clients, we are pleased to announce the formation of DGC’s accounting and business advisory services group,” says Laurie Austin, MP at DGC.

“Having worked extensively with both firms, I cannot imagine a better synergistic fit. Without Sabelli’s expertise and guidance for decades, our business would never have had an opportunity to work with DGC. Sabelli and DGC helped transform a successful small business into a high growth platform entity that was ultimately acquired by a large public firm. Adding these resources will provide tremendous value to both existing client bases, and additional growth opportunities,” says Michael Trigilio, president of Personal Care of Amedisys, Inc.

With the addition of Sabelli, DGC will now have over 140 professionals with offices in Boston and Woburn.

Gettry Marcus Acquires New York Firm

Woodbury, N.Y.-based Gettry Marcus (FY16 net revenue of $21.7 million) acquired JM CPA LLP of New York, effective Dec. 1.

Gettry Marcus welcomes three new partners from JM: Alan Willinger, Steven Eller and Steve Bibas, along with JM staff. They will also now serve clients internationally through membership in the MSI Global Alliance.

“Our staff will enjoy greater professional and personal development opportunities with a larger organization,” says Willinger. “The firm’s expansive service offerings will also allow us to add more value to our clients as their organizational needs continue to grow.”

“This merger allows us to leverage our combined expertise to provide a wider range of services as well as further increase our NYC presence,” says Steven Marcus, MP of Gettry Marcus. “We will work together as one firm to bring value to our clients, employees and community.”

LaPorte Acquires Lanaux Felger

Metairie, La.-based LaPorte CPAs & Business Advisors (FY16 net revenue of $26.5 million) acquired Lanaux & Felger of Houma, La. With the addition of Lanaux Felger, LaPorte has a total staff of over 180 people.

“With this merger, LaPorte is strengthening our Houma practice and bringing complementary services to an expanded client base,” says William Mason, president and CEO of LaPorte.

“From Lanaux Felger’s perspective, this merger timed perfectly with our own strategic considerations for our firm’s future,” says Lanaux. “The benefits to both our clients and professionals are multifold. We are now able to offer our clients additional services and resources as well as sophisticated technical support to address the needs of working in an increasingly complex industry environment.”

Alexander Thompson Arnold Admits Puckett as Partner

Mark Puckett

Mark Puckett

Mark Puckett has joined Union City, Tenn.-based Alexander Thompson Arnold (FY16 net revenue of $20.3 million) as a partner in the Memphis, Tenn., office.

Puckett has more than 35 years of experience with BDO USA at their Memphis office. He held top leadership positions including OMP (tax), regional MP (tax) and managing director (tax).

“As a BDO Alliance firm, we have worked closely with Mark over the years, so our relationship is long-standing. We understand how one another works and know Mark will bring a great deal of expertise and experience to our growing Memphis presence,” says John Whybrew, MP of ATA.

Gross Mendelsohn Acquires Northern Virginia Firm

Baltimore, Md.-based Gross Mendelsohn & Associates (FY17 net revenue of $20.8 million) acquired Gurman & Company of Fairfax, Va. This merger brings the firm’s total headcount to 125 with partner Paul Gurman joining Gross Mendelsohn along with 11 employees.

“Gurman & Company has had a successful 36-year history of helping clients. Merging with Gross Mendelsohn will create new opportunities for clients and staff,” says Gurman. “Our clients will have access to more services and specialists than before. In addition to calling on us for accounting, consulting and tax services, our clients now have access to a full team of industry specialists, investment advisors, technology consultants, business valuation specialists and litigation support professionals.”

“I am impressed by the talented team of professionals who are joining Gross Mendelsohn as a result of this merger. This means only good things for the firm’s clients in the northern Virginia and D.C. market, where we provide litigation support and serve government contractors, privately-owned businesses, nonprofits and high-net-worth families,” says David Goldner MP at Gross Mendelsohn.